Thursday, July 26, 2018

Marc Faber: If This Unfolds, It Will Radically Alter The World Overnight

Eric King: “I know you’ve had some issues coming into the United States, where you’ve been in an airport where they have taken you to the side and put you in a room (Dr. Faber laughs), which seems preposterous. But this move to more of a police state in the West, does that have you concerned?”

Dr. Marc Faber: “Well, that is another possibility, that we go more to a fascist regime rather than to socialism. That is a possibility that we need to entertain. And it is very clear to me, having grown up in the 1950s and 1960s, that today there is much more control of what you and I do. It’s stricter and more unpleasant…

We have far more regulations, far more laws, that actually are very negative for the small businessman, from which actually the economy grows the most. That also has a negative impact on growth. I would say whatever scenario you look at, the only scenario that could boost growth, briefly, substantially, would be war.”

- Source, King World News